What do i do with this 1860 3 dollar gold?

USMarine6

Lets start off by saying my photograghy skills are horrible. I sent this 3 eagle in for grading and because of a dumb mistake on my part it came back in a body bag. It is a genuine coin that came back with the 92 code "cleaned". Now am I better off not having it in a holder for resale purposes or should I resend it and get it slabed? Would it be better in an ngc slab? Also checking the pop report on this coin it shows 250 or so that have been graded. Is that just coins sent to pcgs or all that are known to excist? Any other info or thoughts on this coin are welcome and encouraged.

Barndog

if you wish to sell it as a genuine US Mint product, ensure it comes back in a genuine holder next time you submit it. Otherwise, people might not want to buy it at the price you wish to sell it

tightbudget

If you want to sell that, I would send it to either NGC or PCGS even if you know it will come back no grade. $3 coins are heavily counterfeited and having it in a Genuine holder would provide a lot of peace of mind for potential buyers.

LanceNewmanOCC

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it really depends on your cost plus all the shipping and grading fees

if you have some margin still left in the item and it is in fact genuine

probably would be best off in a pcgs genuine details holder unless you know someone confident enough to buy it raw

you will need to search this forum thread for those submission options
.

Staircoins

The PCGS population report includes only those coins that have been submitted to PCGS.

However, the pop numbers may be slghtly inflated, as some coins may have been sent in more than once when folks crack out and resubmit coins that they think will upgrade.

PerryHall

There are too many fake $3 gold coins out there so it needs to be slabbed by a major grading service to maximize your return.

BillJones

Getting a Three Dollar gold piece in a "genuine" holder is a lot better than selling it raw. So many fake $3 coins have been made over the years that a prudent, but not expert collector would be well advised to buy only certified, genuine pieces.

As for the rarity, the 1860 Three Dollar Gold is a scarce date, but it’s not among the extreme rarities. Dave Bowers estimated in his book on the series that there are 270 to 360 coins in the circulated grades and an additional 45 to 60 Mint State coins. Putting it into context, Bowers estimated that there are 4.000 to 6,000, 1878 Three Dollar gold coins in the circulated grades, and 8,000 to 10,000 pieces in Mint State. That last estimate sounds high to me, but you get the idea. The 1878 Three Dollar gold is a lot more common and so is the 1854.

Still anyone who aspires to collect Three Dollar gold pieces by date and mint would need to have very deep pockets. Chances are they would not be interested in a scarce date in a “genuine” holder so the fact that your 1860 is a better date is not of great consequence.

Twinturbo

Check your pms I meed one for my type set

USMarine6

thanks billjones that helps. again it was my screw up. I didnt put any in the liitle box for the min grade. It was my first submission and lets just say i learned a lot in a hurry. lol

steveben

bummer on the grade. but at least you know it's authentic.

g048406

It's hard to say for certain, but, the coin looks like an XF that's been cleaned and ex-jewelry. It appears there was a mount removed at 6 O'Clock as the dentils look pressed there. Because of all those problems, the coin needs to be sent to a real TPG to holder it in a genuine holder.

MrEureka

at least you know it's authentic.

Although I have no reason to think that this particular coin is counterfeit, coins that are bodybagged for heavy cleaning, environmental damage, etc, cannot be assumed to have been authenticated by PCGS. Based on what I've seen come back from the TPGs, it seems like graders don't spend a lot of time trying to figure out if a coin is authentic when they know there's no chance that the coin is going to end up in a slab.